1-bed · 943 sqftRoyal Bay, Palm Jumeirah · 8th floor · completed 2017

807, Royal Bay

Sold prices and rental history: sold twice, last in October 2023, and rented once, from November 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 807 · DLD and Ejari recordsUpdated 31 October 2023
Last soldAED 2M31 October 2023
Current rentAED 105K /yr20 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 807, Royal Bay

What is 807 worth today?

Last sold for AED 2,000,000 in 2023

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31 Oct 2023SoldReady
AED 2,000,000AED 2,122 per sqft
20 Nov 2022RentedNew contract
AED 105,000/yr12 months · AED 111 per sqft
4 Jul 2022Sold by developerReady
AED 1,612,800AED 1,711 per sqft

Source: Dubai Land Department. Updated 31 October 2023.

Key facts

Type
1-bed hotel apartment
Size
943 sqft
Floor
8th of 9
Parking
B-88
Developer
Azizi Developments
Completed
2017
Service charge
AED 19,700 /yr
Last sold
AED 2M · October 2023
Building
Royal Bay

About 807, Royal Bay

807 is a one-bedroom hotel apartment of 943 sqft on the 8th floor of Royal Bay, a 9-storey tower in Palm Jumeirah completed in 2017 by Azizi Developments. It last sold on 31 October 2023 for AED 2,000,000, or AED 2,122 per sqft, 20% above the AED 1,770 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 November 2022. The current contract, signed on 20 November 2022, is AED 105,000 a year: a gross yield of 5.3% on the 2023 price, before the service charge of about AED 19,700 a year.

Sales and rents for 807 over time

Sales
Unit 807, each saleTypical one-bed in Royal Bay
1.5M2M2016201920222025Typical sale price by year: 2016 AED 2,151,621; 2017 AED 2,201,158; 2021 AED 1,398,547; 2022 AED 1,550,000; 2023 AED 1,950,000; 2024 AED 1,827,450; 2025 AED 1,750,000Sold by developer, July 2022: AED 1,612,800 (AED 1,711 per sqft)Sold, October 2023: AED 2,000,000 (AED 2,122 per sqft)

807 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 807, each contractTypical one-bed in Royal Bay
75K100K125K2018202120242027Typical rent by year: 2018 AED 102,500; 2019 AED 95,000; 2020 AED 72,500; 2021 AED 79,000; 2022 AED 100,000; 2023 AED 112,308; 2024 AED 117,000; 2025 AED 120,000; 2026 AED 127,500New contract, November 2022: AED 105,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Royal Bay, and where 807 sits

All 56 1-beds →

807 last sold in October 2023 at AED 2,122 per sqft, 20% above what one-beds in Royal Bay were fetching at the time (AED 1,770). 807's AED 105,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
30 Jun 20251,750,000
12 Jun 20251,950,000
9 Jun 20251,700,000
22 May 20251,650,000
0 1-bed sales in the last 12 months

Royal Bay

Building

90 apartments, 1-bed to 4-bed over 9 floors in Palm Jumeirah, completed in 2017 by Azizi Developments. 3 sold in the last 12 months.

Typical price per sqft
AED 2,406
Typical sale
AED 3.55M
Typical rent
AED 135K /yr
Typical yield
5.5%
Royal Bay, Palm Jumeirah: prices, sales and rents →

Other units on the 8th floor

All 90 units in Royal Bay
Value
8011-bedAED 1.92M · Sep 2024
8021-bedAED 2.45M · Jul 2017
8032-bedAED 2.92M · Apr 2024
8041-bedAED 2M · Oct 2017
8051-bedAED 1.9M · Nov 2023
8061-bedAED 2.38M · Dec 2016
8082-bedAED 3.55M · Dec 2025
1–7 of 10

807, Royal Bay in numbers

  • Sold twice: first on 4 July 2022 for AED 1,612,800, last on 31 October 2023 for AED 2,000,000 (AED 2,122 per sqft).
  • Rented since November 2022 on one Ejari contract, at AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2023 price is 5.3%, before a service charge of about AED 19,700 a year (AED 20.94 per sqft).

Source: Dubai Land Department. Updated 31 October 2023.

Questions about 807, Royal Bay

What did unit 807 last sell for?

AED 2,000,000 on 31 October 2023: AED 2,122 per sqft for 943 sqft. The unit has 2 registered sales; the first was AED 1,612,800 in July 2022.

What is the rent for unit 807?

AED 105,000 a year on the contract signed on 20 November 2022.

How big is unit 807?

943 sqft (87.6 sqm): a one-bedroom hotel apartment on the 8th floor of a 9-storey tower completed in 2017.

What is unit 807 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 807, Royal Bay

Starts from the last sale price (AED 2M, 31 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →